FRANKFURT, Sept 3 Infineon said it
would appeal against an 82.8 million euro ($109 million)
price-fixing fine imposed by the European Commission and was
prepared to take the matter to court.
EU antitrust regulators earlier fined Philips,
Samsung Electronics and Infineon a total of 138
million euros for fixing prices of chips used in mobile SIM
cards, bank and ID cards and other applications.
"Infineon rejects the allegations as unfounded," Infineon
said in a statement on Wednesday.
"Infineon will review the decision very closely and is ready
to appeal at the General Court of the European Union in
Luxembourg," it added.
($1 = 0.7605 euro)
(Reporting by Maria Sheahan; Editing by Georgina Prodhan)